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Investor's Business Daily

Investor's Business Daily

Business

Business & Economics

Dow, S&P 500, Nasdaq close in positive territory ahead of Fed meeting

Investor's Business Daily
Summary
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79% Informative

The Nasdaq composite reversed higher and ended the day was up 0.3% .

The benchmark S&P 500 rose 0.7% and gained ground on its 200-day moving average.

Netflix gaind, but Tesla and Nvidia fell as the Magnificent Seven traded mixed on the stock market today .

Warren Buffett loaded up on some Berkshire Hathaway positions.

Affirm stock flashed a sell signal by diving below its 200-day moving average in heavy volume.

The rest of the ostensibly elite group of stocks were gaining ground.

Microsoft remains below all its moving averages, with the 50-day line now trading below 200 .

The market was also digesting more comments from Treasury Secretary Bessent over the weekend .

Netflix stock rose nearly 4% on the stock market today , and was one of the best performers on the S&P 500 and Nasdaq .

The stock has surged back above its 50-day moving average in high volume, MarketSurge analysis shows.

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